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Maintel Holdings Annual Prel. Revenue Rises; Sees 2024 Results In Line With Market Expectations

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
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Maintel Holdings Plc (MAI.L), a provider of cloud, network, and security managed communications services, on Monday registered a rise in preliminary adjusted EBITDA and revenue for the full year.

In addition, the company said that it expects full-year 2024 results in line with market expectations.

Excluding items, for the full year, EBITDA surged to over 9 million pounds, compared with 4.4 million pounds, recorded the full year 2022.

Revenue climbed to over 101 million from previous year's 91 million pounds.

The company said: "As global IT equipment supply chain conditions normalized in H1, the Company accelerated the unwinding of the order book delivering strong cash and profit performance post the formation of the new professional services business group. The business then built on this with significant new business wins."

The company is scheduled to relase its final results on April 23.

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